49915 ZIP Code – Caspian, Michigan
ZIP code 49915 is a small ZIP code located in Caspian, Michigan, within Iron County with a population of approximately 576 residents. The median household income of $50,417 is below the Michigan average and below the national average. Homes in this ZIP code have a median value of $47,900, well below the national average, with 83.0% owner-occupied housing (increasing). . Median rent is $683, which is below the U.S. average. Housing consists of 95% single-family (decreasing).
Unemployment stands at 10.3%, which is well above the U.S. rate. About 23.8% of residents live below the poverty line, well above the national rate. 16.2% of adults hold a bachelor's degree or higher, below the U.S. average. The median age is 53.8, above the national median. ZIP codes in the surrounding area include 49927, 49935, 54542.
ZIP Code 49915 Data
See more demographics for:
ZIP 49915 vs. Michigan vs. U.S.
| Metric | ZIP 49915 | MI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 576 | 10k | 10k |
| Median Household Income | $50k | $68k | $73k |
| Median Home Value | $47k | $190k | $258k |
| Median Rent | $683 | $949 | $1,088 |
| Median Age | 53.8 | 44.7 | 43.2 |
| Unemployment Rate | 10.3% | 5.6% | 5.0% |
| Poverty Rate | 23.8% | 12.5% | 13.3% |
| Bachelor's Degree or Higher | 16.2% | 25.8% | 26.9% |
Demographics Charts
Race & Ethnicity
Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 49927 – Gaastra
- 49935 – Iron River
- 54542 – Long Lake
- 49902 – Alpha
- 49920 – Crystal Falls
- 49903 – Amasa
- 54121 – Florence
- 54554 – Phelps
- 54120 – Fence
- 54511 – Argonne
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 49927 | GAASTRA | 390 | $57,000 |
| 49935 | IRON RIVER | 5,943 | $51,913 |
| 54542 | LONG LAKE | 648 | $45,469 |
| 49902 | ALPHA | 210 | $36,417 |
| 49920 | CRYSTAL FALLS | 4,207 | $56,652 |